John Paczkowski

Recent Posts by John Paczkowski

Yahoo Shareholders Reject Plan to Tie Executive Compensation to Company's Crappy Performance

filthy_rich_ceo_drive-copy.jpgWell, what do you know: Yahoo’s annual shareholder meeting didn’t conclude with CEO Terry Semel’s head piked on the exclamation point of the Yahoo sign outside company headquarters. Nor did it end with the blackballing of the directors responsible for Semel’s grotesquely large pay package.

Despite complaints over Yahoo’s lousy performance and a widely publicized campaign to oust Semel and the majority of the company’s directors, the company’s shareholders rejected a plan to tie compensation for senior executives to the company’s performance and approved the company’s slate of directors.

That said, the meeting couldn’t have been an easy one for Semel or the board. Yahoo’s directors were approved by a roughly 66% vote. An endorsement, yes, but not a ringing one.

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus